joyvest

joyvest | Joined since 2019-12-11

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The information posted in this Forum is for information purposes only. Under no circumstances shall it be construed as an offer/solicitation or recommendation to buy/sell any stocks .I accept NO responsibility or liability for loss or damage that may arise from the reliance of this information.

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Stock

2023-08-11 14:27 | Report Abuse

*Is MV not current market price x share capital ?
*
Is the quantum of MV not determined by the current market price ?
*You are really a nincompoop @Johnchew5

Stock

2023-08-11 10:53 | Report Abuse

A Promoter is like a teacher who is able to answer all the questions relevant to the topic asked by his pupils ? This bloody teacher keeps avoiding to answer the simple questions. On top of it , he keeps insulting his pupils by saying they are bunch of idixts. What kind of Fxcking teacher is he ?

Stock

2023-08-11 10:16 | Report Abuse

A lot of critical questions have been posted to him , but the so called simpletonjohn can not answer directly. All he does is to repeat the published infor and avoid answering by taking nonsense.

Stock

2023-08-11 10:12 | Report Abuse

If you say you are a referee, then you should not interfere or hype but watch if the so called promoter is doing his job or not. If not, fire him from the ring.

Stock

2023-08-11 10:00 | Report Abuse

Lower ranking company has outperformed the higher ranking company in terms of market price , Why this happens? Is the higher ranking company ditched by the market or is the lower ranking company welcomed by the market ? Pre-signs of sunset for the higher ranking company ?

Stock

2023-08-11 09:50 | Report Abuse

The more you guys hype , the more you guys look like buffoons.

Stock

2023-08-11 09:49 | Report Abuse

lower ranking company has outperformed the higher ranking company, Why this happens? Something's wrong with the higher ranking company or something's good about the lower ranking company ? Pre-signs of sunset for the higher ranking company ?

Stock

2023-08-11 09:44 | Report Abuse


This so called " promoter" is always running from reality and avoiding to answer in a direct manner. Good for nothing.
---------------------------------
UlarSawa
JohnChew is learning to be a good promoter wherelse the past promoters are bad one itu pasal kena tersangkut atas pokok msk sampai now pun meroyan lagi. Haiyoh. Correct?

Stock

2023-08-11 09:42 | Report Abuse

Lame excuses are excuses. Dont waste your time to hype. The more you hype , the more you look like buffoon.

Stock

2023-08-11 09:40 | Report Abuse

Is Jaks not a big brother in the construction sector ? Jaks is ranked within top 10 in the same industry , is it not ? where is the so called " premium being a big boy " that you are talking about ? Basically, NONE

Stock

2023-08-11 09:38 | Report Abuse

Since you want to talk about the same industry , why is Muhibah's share price is 3.5 times higher and better than that of Jaks despite of the fact that Jaks is higher ranking than Muhibah and the positive ROE ,P/E and EPS of Jaks?

Jaks :
ROE 2.99
P/E 9.37
EPS 2

Muhibah :
ROE -1.27
P/E -30.17
EPS -2.24

Stock

2023-08-11 09:34 | Report Abuse

Given the positive ROE and P/E of Jaks, why is Muhibah's share price is 3.5 times higher and better than that of Jaks under the same industrd despiite of the fact that Jaks is higher ranking than Muhibah under the same industry.
______________________________________


Jaks NTA 0.68 .share price 0.20
Muhibah NTA 1.76 .share price RM 0.695

Jaks :
ROE 2.99
P/E 9.37
EPS 2

Muhibah :
ROE -1.27
P/E -30.17
EPS -2.24

Stock

2023-08-11 09:28 | Report Abuse

You can not answer and nor can simpletonjohn? why keeps murmuring here as lousy promoter? Are you both not laughing stock here ?

Stock

2023-08-11 09:26 | Report Abuse

Despite of the fact that Annjoo has negative EPS, P/E , ROE as opposed to Jaks's Positive EPS,P/E ,ROE, its market price is much much better than that of Jak. Futhermore Annjoo is much much more lower ranking than jaks .
why Annjoo MP can stand at RM 1.160 vs the pathetic MP of jaks at 0.195 if not lower?

Why?

Stock

2023-08-11 09:15 | Report Abuse

@ johnchew5, the self claimed " promoter of Jaks " cant even answer the following simple question. Dont run away from reality like a chicken head. Answer it in plain English.

Why is market price of Jaks so pathetiv at RM 0.195 if not lower as compared to its partners whereby the current market prices of Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd are flying high, reflecting at RM 1.13 and RM 0.930 respectively despite of the fact that its partners are much much lower in terms of ranking?

One of its partners, Sunview is even newly listed in ACE.

Stock

2023-08-11 08:06 | Report Abuse

@ johnchew5.

Why is market price of Jaks so pathetiv at RM 0.195 if not lower as compared to its partners whereby the current market prices of Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd are flying high, reflecting at RM 1.13 and RM 0.930 respectively despite of the fact that its partners are much much lower in terms of ranking? One of its partner is in ACE and newly listed.

If you cant answer this, then you are not fit to be a so called promoter but buffoon.

Stock

2023-08-11 07:13 | Report Abuse

Is MV not current market price x share capital ?

Is it NOT the quantum of MV isdetermined by the current market price ?

Why KIND OF shity promotor are you ?

Stock

2023-08-10 20:54 | Report Abuse

In your fantasy...

Stock

2023-08-10 17:33 | Report Abuse

The current share prices of Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd are flying high, reflecting at RM 1.13 and RM 0.930 respectively vs the pathetic market price Jaks at RM 0.195 if not lower.
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JAKS Resources Berhad (“JAKS” or the “Group”), a construction and power utilities company specialising in water and other infrastructure projects and energy development, announced that its wholly-owned subsidiary JAKS Solar Power Sdn. Bhd. via a consortium together with its partners, Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd. have been selected as successful solar power producer with a capacity of 29.99MW under the Corporate Green Power Programme (“CGPP”)

Stock
Stock

2023-08-10 12:37 | Report Abuse

Current Market price is the key to market valuation. Even the market capitalisation is based on the current MP.

-----------------------------------------
Johnchew5

Hoho Kon Nenek Joyvest tak tau google ke atau tak faham ke , Masih buat Badut show le , hahahaha…


The market value is the value of a company according to the financial markets. The market value of a company is calculated by multiplying the current stock price by the number of outstanding shares that are trading in the market. Market value is also known as market capitalization.



Posted by joyvest > 7 minutes ago | Report Abuse


Is MV not current market price x share capital ? 
Is it not that the quantum of MV is determined by the current market price ? 
Why are you running away from reality as a promotor?

Stock

2023-08-10 12:22 | Report Abuse

No more good news. Such news is considered " woolf "

Stock

2023-08-10 12:13 | Report Abuse

Business assumptions are important for decision-making and planning. They help to inform the direction of a business and provide a basis for making decisions. Without assumptions, it would be difficult to make decisions or plan for the future.

As long as the assumptions are reasonable based on the current circumstances surrounding the business at that point in time, no big deal.

Stock

2023-08-10 12:11 | Report Abuse

Stony is said to be procrastinating and delaying and attempting to get the" relief" based on the QR, basically it is futile .

Stock

2023-08-10 12:08 | Report Abuse

Nope,it wont happen in a million years.... stony must submit before deadline on and before 28/10/23 failing which AAX will risk to be delisted.... No joke

Stock

2023-08-10 12:06 | Report Abuse

Since you can not answer the " deer without eyes", then another simple question - what do you call " the snake without eyes?

Stock

2023-08-10 11:55 | Report Abuse

What do you call the " deer without eyes" ?? Answer this before I will let you know what the auditors of Jaks think.

Stock

2023-08-10 11:53 | Report Abuse

What do you call the " deer without eyes" ?? Answer this before I will let you know what the auditors of Jaks think.

Stock

2023-08-10 11:50 | Report Abuse

*Which Berhad (s) under main market listing being put under PN17 status has been granted with the relief by SC in the past ?
* Basically none.
*Then what makes you believe that SC would set a precedent for this case ?
* In short, No RP from both , No upliftment.

Stock

2023-08-10 11:41 | Report Abuse

What do you call the " deer without eyes" ??

Stock

2023-08-10 11:40 | Report Abuse

Many examples to come. The auditor of Bintai , HLB Ler Lum Chew PLT ) has issued" disclaimer " on its going concern issue following a lot of " pre-signs" . Now then Bintai is said to be on the verge of collapsing. No assumption but facts of pre-signs.

Stock

2023-08-10 11:33 | Report Abuse

MGRC is under ACE market and has been granted relief from Guidance Note 3 (“GN3”) of the ACE Market Listing Requirements (“ACE LR”) under paragraph 8.03(A) of the ACE Market listing requirement.

AAX and Cap A are listed in the Main Market. Both are under PN 17 status , seeking relief under Paragraph 8.04(3)(a) of the main market listing requirement.

ACE listing requirement is said to be less stringent than Main Market Listing requirement among other things . Hence it is inappropriate to compare like to like in your citing below.
_________________________________
kaninabu

@joyvest, isn't it MGRC just gotten exemption from submitting RP few months ago?

Stock

2023-08-10 11:07 | Report Abuse

Before massive mountain avalanches happen, peddle stones ( tiny stones ) are falling down as pre-signs. No assumption but fact of pre-signs. Similarly, before the realisation of downfall of the company, there are facts of pre-signs. Very good example, KPMG said Serba Dynamic was insolvent following a lot of " pre-signs" but many disbelieved. In the end, departure from main listing and delisting is on its way fast and furious.

Stock

2023-08-10 11:00 | Report Abuse

*Once you are in the PN17 status, the only way for it to be uplifted is through submission of RP.
*No RP, no upliftment.
*No such thing as automatic upliftment through relief or otherwise.

Stock

2023-08-10 10:58 | Report Abuse

From the following announcement , RP is not yet done but that bugger has cited it is already done...is he out of his mind or what ?
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Pursuant to paragraph 4.1(c) of PN17 of the Main LR, the Board of Directors of the Company wishes to announce that the Company and the appointed advisers are in the midst of formulating a regularisation plan to address its financial condition.

Stock

2023-08-10 10:54 | Report Abuse

That fellow is a " pre-sign of flop". but he cites that the " Pre-sign" is an assumption. Can we assume he is a two headed snake or not ??

Stock

2023-08-10 10:22 | Report Abuse

Business assumptions are important for decision-making and planning. They help to inform the direction of a business and provide a basis for making decisions. Without assumptions, it would be difficult to make decisions or plan for the future.

As long as the assumptions are reasonable based on the current circumstances surrounding the business at that point in time, no big deal.

Stock

2023-08-10 10:11 | Report Abuse

The shepherds boy has been calling " woolf " so many times that no one is believing him anymore . The can be applied to IB and anyone with bad agenda.

Stock

2023-08-10 10:00 | Report Abuse

Two applications submitted.
*1st application for relief and upliftment
*2nd application for time extension in the event that 1st application is not approved( 2nd application is conditional to 1st application)
*1st application is pending as announced by AAX ,so 2nd application is also pending directly.

Likely outcomes
*1st application is expected to be disapproved. No RP, no upliftment.
*2nd application is largely expected to be approved so its back to square 1.
*Share price is expected to remain stagnant if not depressed until upliftment

Stock

2023-08-10 09:46 | Report Abuse

No upliftment , the share price is expected to remain stagnant if not depressed irrespective of the Upcoming QR

Stock

2023-08-10 09:45 | Report Abuse

No upliftment , the share price is expected to remain stagnant . QR is irrelevant.

Stock

2023-08-10 09:43 | Report Abuse

It wont happen in a million years

As said in my previous posts, upliftment of both AAX or Cap A or none. There is no such thing as one is uplifted and the other one is not ....
---------------------------
ericwwt

PN 17 uplifting this Friday. Only for AAX. Not Cap A.

Stock

2023-08-10 09:40 | Report Abuse

From your following posts, the company should have sufficient positive cash inflows. Hence the company should be able to reward the shareholders with dividend payouts. Why the company keeps claiming that the earning should be ploughed back to be used as working capital for upcoming projects through its recent proposed DRP.


It can be inferred that firstly the company has difficulty to raise funds equity funding or otherwise and secondly the company never intends to reward the shareholders/investors with dividend payout like in the past.

You can fool the investors but you cant fool the Market.
---------------
Johnchew5

A ) Referred to FY21 Annual Report :


The turnaround to Profitability was mainly from the share of profit in the Vietnam joint venture which amounted to RM 140.7 million in FYE2021 as compared to RM3.8 million in the previous year .



B ) Referred to FY22 Annual Report :


The increase in Profitability arose from the Higher share of Profit from the Vietnam joint venture that rose by 11 % to RM 156.2 million.



And Dividend RM 70.0 million.



C ) Referred to 1st QR ended March 2023 :

Share of Profit in Joint Venture is RM 28,326,000 compared to March 2022 RM 33,936,000.


( Note : from Key Matters Discussed, the reduced Share of Profit is due to increased interest expenses

Stock

2023-08-10 09:24 | Report Abuse

No use. Due to the difficulties of raising fund be it equity funding or debt funding , projects are expected to be aborted. The above can be evident from the recent application for time extension to complete the PP. The PP is not considered as sizable and yet they are faced with difficulties to raise.

Stock

2023-08-10 09:22 | Report Abuse

The current share prices of Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd are flying high, reflecting at RM 1.13 and RM 0.930 respectively vs the pathetic market price Jaks at RM 0.195 if not lower.
-------------------------------------
JAKS Resources Berhad (“JAKS” or the “Group”), a construction and power utilities company specialising in water and other infrastructure projects and energy development, announced that its wholly-owned subsidiary JAKS Solar Power Sdn. Bhd. via a consortium together with its partners, Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd. have been selected as successful solar power producer with a capacity of 29.99MW under the Corporate Green Power Programme (“CGPP”)

Stock

2023-08-10 09:14 | Report Abuse

No use. Due to the difficulties of raising fund be it equity funding or debt funding , projects are expected to be aborted. The Market does not react positively to the news . This can be reflected in the current market price.

Stock

2023-08-09 16:23 | Report Abuse

Whatever the value , it all depends on the current market price. Current Market price is the key to market valuation. The fact is that the current market price is RM 0.19 if not lower
---------------------------------------------
Johnchew5


Hoho Kon Nenek Joyvest tak tau google ke atau tak faham ke , Masih buat Badut show le , hahahaha…


The market value is the value of a company according to the financial markets. The market value of a company is calculated by multiplying the current stock price by the number of outstanding shares that are trading in the market. Market value is also known as market capitalization

Stock

2023-08-09 16:11 | Report Abuse

Today the market seems not to be happy with what 🐍 has said....

Stock

2023-08-09 15:56 | Report Abuse

How many time i told you that Cap A was in deep Shxt because of AAX , morally AAX should extend its financial help cos they are interrelated . You have no bloody connection with the bank, why should the bank help you ?

Cap A is stuck forever meaning its shares are not tradeable in the Market.
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GoldenBull66

Can I walk into a bank and tell them I got no choice but to rely on you to survive..so you must give me the money. Can I?
Capital A won't stuck forever..they will just delisted. That simple

Stock

2023-08-09 15:46 | Report Abuse

All the pre-signs are out there to see . No need to make assumption. Only the genius can see and those who cant see say " wait for outcome "